Five years since the lows: Which funds have returned the most?

With this week marking the five-year anniversary of both record low base rates and the FTSE 100 bottoming, Investment Week looks at the funds that have taken advantage of the subsequent recovery.

On 3 March 2009 the FTSE 100 index hit 3512,09, its lowest point during the financial crisis, while the US market also hit rock bottom three days later, the S&P dropping as low as 666 in intraday trading. Two days later, however, co-ordinated central bank action saw the Bank of England cut rates to 0.5% and begin the first phase of its £375bn quantitative easing programme. Five years on, the FTSE is trading at 6,799 and the S&P 500 is at 1,873 following one of the most prolonged rallies in modern memory. Below, Investment Week lists the ten open-ended funds to have made the most mo...